Monday, March 17

New York Federal Reserve confiscates Ukraine gold

A Russian Internet news site Iskra (“Spark”) based in Zaporozhye, eastern Ukraine, reported on March 7, that “Ukraine’s gold reserves had been hastily airlifted to the United States from Borispol Airport east of Kiev”.

This alleged airlift and confiscation of Ukraine’s gold reserves by the New York Federal Reserve has not been confirmed by the Western media. (emphasis added)

On March 10, kingworldnews, a prominent online financial blog site published an incisive interview with William Kaye, a Hong Kong based hedge fund manager at Pacific Group Ltd. who had previously worked for Goldman Sachs in mergers and acquisitions.

Of significance in this interview with William Kaye is the analogy between Ukraine, Iraq and Libya. Lest we forget, both Iraq and Libya had their gold reserves confiscated by the US. According to Kaye,the destination was the New York Fed. (emphasis added)

:
“Now that’s 33 tons of gold which is worth somewhere between $1.5 billion - $2 billion. That would amount to a very nice down payment to the $5 billion that Assistant Secretary of State Victoria Nuland boasted that the United States has already spent in their efforts to destabilize Ukraine, and put in place their own unelected government.”

Eric King: “Whether the United States is taking down Saddam Hussein in Iraq, or Muammar Gaddafi in Libya, there always seems to be gold at the end of the rainbow, which the U.S. then appropriates.” (emphasis added)

Kaye: “That’s a good point, Eric. The United States installed a former banker in Ukraine who is very friendly to the West. He is also a guy with central bank experience. This would have been his first major decision to transport that gold out of Ukraine to the United States.

You may recall that allegedly the logistical requirements prevented the New York Fed from returning the 300 tons of gold the United States stores for Germany back to Germany. After a year of waiting, the New York Fed only sent Germany 5 tons of gold. So only 5 tons of gold was sent from the Fed to Germany, and it wasn’t even the 5 tons that had been originally stored with the Fed.